The rise — and fall — of auto ABS spreads
COVID-19 has affected the health of the nation as well as the securitization market — for the moment. Pre-pandemic, auto-backed ...
Tag: Great Recession
US jobless claims extend gradual decline, remain elevated
Applications for U.S. unemployment benefits extended their slow decline despite a stream of business reopenings, underscoring the longer-term labor-market challenges ...
![Leveraging Liquidity: Lenders brace for the coronavirus recession [Feature]](https://www.autofinancenews.net/wp-content/uploads/2020/05/Cover-art-zoomed-in-scaled-350x250.jpg)
Leveraging Liquidity: Lenders brace for the coronavirus recession [Feature]
Auto financiers are bracing for the rocky road ahead as vehicle sales plummet, consumer demand tanks and expected credit losses ...
Subprime stocks drop $7B in market cap since March
The auto finance sector has been pressured from all sides since COVID-19 took root in the U.S. With vehicle production ...
March SAAR decline a glimpse of April woes
The deterioration of used-vehicle values and decline in total sales volumes during the latter half of March provides a glimpse ...
Fitch: Auto ABS outlook negative
The performance of auto loan and lease ABS deals has been revised to negative from stable due to coronavirus concerns, ...
Remote living drives car sales to crisis levels
When the global financial system crashed back in 2007, auto lenders described the situation as a confluence of one-off events ...
Fed urges banks to lend in face of pandemic
The Federal Reserve today — in conjunction with the Office of the Comptroller of the Currency and the Federal Deposit ...
